Thom Georges wants to open a store where he sells nothing but antique architectural features that he can salvage from old houses being torn down to make way for progress. He has an eye for the kind of doors, windows, mantels, and so forth that decorators want, but he does not have all the funding he needs to get started. He has invited his parents to invest $40,000 in the enterprise. He has told them that if they do invest, they would have liabilities in the firm equal to but no greater than their investment. Georges is trying to get them to form a _____ with him.

Answers

Answer 1

Answer: limited partnership

Explanation:

A limited partnership simply means a form of partnership whereby some of the partners only contribute financially nd thus will be liable and only to the extent of the amount that they contribute to the partnership m.

In case the company goes into bankruptcy, their personal assets and properties won't be affected. Since Thom invited his parents to invest $40,000 in the enterprise and told them that if they do invest, they would have liabilities in the firm equal to but no greater than their investment, then this is a limited partnership.


Related Questions

Which sentence from the contract shown below refers to consideration?
Contract for renovation of house

The first party, Mr. Alfred Higgins, commissions the work of the second party, ‘PreSense Designs’.

The second party shall renovate the house of the first party as per the designs attached herewith.

The second party should commence the required renovation work not later than 16th October 2014. The work shall be finished within two months from the date of commencement.

The second party shall receive $1000 on completion of the work, as per design, from the first party.

The first party holds the right to decrease the amount payable, if the second party does not complete the work within two months from the date of commencement.

Signed

First party (Sign here)

Second party (Sign here)

Answers

first party is the one that I would do

Barbara and the bank signed a contract in which they agreed that the bank would loan $100,000.00 to Barbara to buy a car. She would then repay the loan by making monthly payments of $2,500.00 for 50 months. After 2 years of Barbara's making payments, she and the bank agreed that Barbara could sell her car to Dorothy who agreed to make all of the remaining payments which the bank accepted. This is an example of: A. A novation. B. An accord and satisfaction. C. A void contract. D. A voidable contract.

Answers

Answer:

Option A

Explanation:

A Novation is a form of contract in which the original contract is substituted by a replacement contract where by the new party agrees to accept all the debts to be paid as a part of the original contract.  

In other way the original contracting party give all the rights and obligations to the new party  

Hence, Option A is correct

An estimate of a person's ability to pay off debts based on his or her history
of borrowing and making payments on time is called what?
A. Collateral
B. Capacity
C. Character
D. Charisma

Answers

Answer:

B. Compacity

Explanation:

Triangle, Illuminati, Grapes THEY ARE all connected through the power of the eye +4 and no one knows jerry the pineapple is the robot who will kill them all to freedom

Answers

Answer:

ratatoui

Explanation:

easy identity theft prevention, plz help :)


You are teaching a lesson on how to stay informed about your finances and protect yourself from identity theft. What is the BEST piece of advice you would give? A. Examine your financial accounts once a month for fraudulent activity. B. Avoid checking your credit report often because it will lower your credit score. C. Only have your Social Security number visible on personal documents such as checks. D. Use cash for all of your transactions so that no personal information is accessible to others.

Answers

Answer:

I think D, but I'm not sure

Explanation:

this is plato tho

Answer: Examine your financial accounts once a month for fraudulent activity.

To complete a job application thoroughly, you should know the following information for each previous employer:
company's telephone number
O your supervisor's name
O company's full address
hire and termination dates

Answers

Answer:

company's telephone number o your

Explanation:

Hidden Valley Communications, Inc., located in a remote area of Utah, made a special device that was used in 4th generation cell phones. After three years of local operations, the company that employed 4,000 people was planning to close its Utah operation and move the assembly offshore. Under the direction of a financial services company that financed the deal, the employees agreed to become owners of the company and continue to operate the business. The business concept that describes this arrangement is:

Answers

Answer: Leveraged buyout

Explanation:

leveraged buyout is a system of business concept that describes an acquisition of a company done by debts. Where a company acquires another through borrowing money to match the cost of the company being bought. Company assets are often used as loan for collateral in this case and they are often used to trade the profit of many private equity firms.

This is what the employees at Hidden Valley Communications, Inc. did.

Help
Select the correct answer.
A farmer uses one pound of fertilizer to grow crops on his land. He decides to increase the amount of fertilizer added to the soil to three pounds to obtain a greater yield. The size of the garden and the amounts of seeds, water, and sunlight remain the same. The farmer keeps increasing the amount of fertilizer (to four, five, and six pounds, etc.), and continues to gain higher yields. However, since the other factors of production remain constant, the increase in crop yield is lower than the increase in a single factor of production (fertilizer). What is the term for this phenomenon?
A.
economic order quantity (EOQ)
B.
law of diminishing returns
C.
economy of scale
D.
labor productivity
E.
production control

Answers

Answer:

E

Explanation:

it most likely is production control

Which is an example of an accounting function for a business?
1.) Designing print advertisements
2.) Preparing a balance sheet
3.) Hiring employees
4.) Testing computer software

Answers

3.)Hiring employees
Number 3 is the correct awser

Which one of the following could not be called income?

Answers

Answer: where is the question

Explanation:

Explain the connection of human needs and demands in the field of marketing.

Answers

Explanation:

The term "requires or need" refers to items, product or service  that fulfil a particular necessity. Wants are unique orders for individual or specific things. Demands are individual commodity orders for which the customer is ready and prepared to pay. In a business industry, examples are normally very obvious. need and demand always run together.

HELP PLEASE, THIS IS TIMED!!!!!!​

Answers

Explanation:

I think the answer it's c

You are putting together a team for a special project at work. Your friend Jim and another co-worker John both want to be on the team, but you only have room for one more person. They both have the same skill and work ethic. Which of the following is a good decision? You choose Jim since you should always choose your friends above everything else. You choose John because you never want a friend on your team. You choose Jim since they are both similar employees and choosing your friend is OK. You flip a coin to decide. Flipping a coin is a good way to make business.

Answers

Answer:

You choose Jim since they are both similar employees and choosing your friend is OK

Explanation:

Since in the question it is mentioned that Jim and John both wants to be on the team but there is only one room that belong to other one person. Although they have the same skill and work ethics so here we should choose Jim as it is okay to select friend who have the same attributes or characteristics

Therefore the above represent the answer

Most Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $480 million on January 1, 2021. The bonds mature in 2031 (10 years). For bonds of similar risk and maturity the market yield is 12%. Interest expense is recorded at the effective interest rate. Interest is paid semiannually on June 30 and December 31. Most recorded the sale as follows: January 1, 2021 Cash (price) 424,942,080 Discount on bonds (difference) 55,057,920 Bonds payable (face amount) 480,000,000 Required: What would be the amount(s) related to the bonds that Most would report in its statement of cash flows for the year ended December

Answers

Answer:

Cash inflow (Financing activity) = $424,942,080

Cash outflow (Operating activity)  = $48,000,000

Explanation:

According to the scenario, computation of given data are as follows,

First we calculate the cash inflow from financial activities, so

Cash inflow (Financing activity) = Cash from Bonds sale or cash (Price)

=  $424,942,080

Now we calculate cash outflow from operating activities, then

Cash outflow (Operating activity) = Face amount of bonds × Bonds percentage

= $480,000,000 × 10%

= $48,000,000

What do you mean by technical occupations ? write with examples​

Answers

Answer:

I think techical occupation means the worker who work through laptops and computers

software engineer game designer publisher etc....

The Federal Reserve Act of 1913 required all ________ banks to become members of the Federal Reserve System, while ________ banks could choose to become members of the system.a. state; nationalb. national; municipalc. national; stated. state; municipal

Answers

Answer:

c. national; state

Explanation:

The Federal Reserve Act of 1913 required that banks that operated nationally had to join the Federal Reserve System. It was mandatory, and national banks had to do it.

It also allowed banks that operated on a state level to join the Federal Reserve System, but that was optional, it was not mandatory.

"Analyse and discuss the strategic opportunities and constraints faced by the Board and Executive Management when planning the future direction of the organisation"

Answers

Explanation:

A transition of direction is always a challenging task in an organization, since this activity must be carried out gradually, so that the strategic planning is revised and aligned with the vision of the future direction.

There are several opportunities added to a new organizational direction, such as the attention of new investors and the possibility for the organization to receive a new executive and strategic vision, which can be essential for innovation and the effective positioning of a company in the market. The challenges are always to align the company's current operations and action plans with the planning of the future direction, since systematic changes must occur gradually so as not to harm the present actions and the work of the employees, but when the transition is made in a planned and gradual way, it can mean more benefits than disadvantages for organizations.

PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!

ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probability of a $1,800 value, 20% probability of a $2,100 value, and 25% probability of a $2,700 value. What is the expected value of the investment after five years?

A. $2,085

B. $2,000

C. $1,950

D. $1,545

Answers

Answer:

C

Explanation:

Answer:

1,950

Explanation:

HELP ASAP WILL GIVE BRAINLIEST!!! A restaurants claims to have all-beef burgers, but in reality their burgers arent 100% beef. What type of law or regulation is this restaurant breaking?

Answers

False advertisement

Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:

Answers

Answer: Excessive cost

Explanation:

Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.

What is the difference between specialization and cross-training?


A. Specialization is for employees at the top management level of
the company while cross-training is for employees at the entry
level.


B. Specialization is for employees who love what they do while cross-
training is for employees who don't love any one particular area of
their work.

C. Specialization leads employees to focus on a single skill or task
while cross-training deals with training employees in multiple skills
or tasks.

D. Specialization is for employees who have an advanced degree
while cross-training is for those who do not have an advanced

Answers

Answer:

I think C.

sana makatulong.....

List THREE common aptitudes, attitudes, and skills of personal care services workers.

Answers

Answer:

Good communication skills

Problem solving skills

Critical thinking skills

Patience

Self perceptiveness

Explanation:

What is collateral?
A. a finance charge
B. a specific type of home loan
C. an asset or group of assets that are linked to a loan
D. a down payment

Answers

Answer:

C. An asset or group of assets that are linked to a loan

Explanation:

Collateral is something the bank can take/repossess to sell and get back the money they loaned you if you don't repay your loan. Cars and houses are great examples of this.

Answer is C an asset or group of assets that are linked to a loan

Smith and Sons Inc. has a target capital structure that calls for 40 percent debt, 10 percent preferred stock, and 50 percent common equity. The firm's current after-tax cost of debt is 6 percent, and it can sell as much debt as it wishes at this rate. The firm's cost of preferred stock is 11 percent and its cost of retained earnings is 14 percent. The firm expects to generate $15,000 in retained earnings this year. Compute the weighted average cost of capital (WACC) break point associated with issuing new common stock

Answers

Answer: $30,000

Explanation:

The weighted average cost of capital (WACC) break point that is associated with the issuing of the new common stock will be:

= Earnings retain / Percent of common equity in capital structure

= $15000 / 50%

= $15000/0.5

= $30,000

If the interest rate rises, what will happen to overall employment levels in sectors affected by those interest rates?
a.employment levels will increase
b.employment levels will not be affected
c.employment levels will decrease

Answers

Answer:

c. employment levels will decrease

Explanation:

As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.

Jean’s Vegetable Market had the following transactions during 2014: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $7,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000. 6. Acquired an investment in IBM stock for cash of $10,000. What is the net cash provided by financing activities? Group of answer choices $21,000 $67,000 $0 $28,000

Answers

Answer:

$21,000

Explanation:

The computation of the cash provided by financing activities is shown below

Cash flows from financing activities

Issue proceeds of common stock $50,000

Less Repayment of 6 year note payable -$22,000

Less: Payment of cash dividend -$7,000

Net Cash provided by financing activities $21,000

The same is considered and relevant

Is streaming Business in form 4 Diffult?. Justify your Answer.​

Answers

Answer:

money

Explanation:

because when you have a business you are making money

WILL MARK BRAINLIEST

Which professional code of conduct states that an accountant should act in a manner that will instill trust in the public?

A. integrity
B. objectivity and independence
C. responsibilities
D. public interest
E. due care

Answers

[tex] \sf {Question:}[/tex]

Which professional code of conduct states that an accountant should act in a manner that will instill trust in the public?

…………………………………………………………………………

[tex] \sf{Answer:}[/tex]The Answer is A. Intergrity.

Which management function is also a financial responsibility? A. planning B. organizing C. staffing D. coordinating E. controlling

Answers

Answer:

b staffing is the answer

Answer:

....... C. Staffing

Explanation:

Click the picture to see the whole answer...the answer is Staffing

While using a datasheet to track shoe orders, Gustav wants to see a picture of the shoes and read details about the shoes’ materials. Which steps should he follow?

Double-click on the record in the Customer ID field, then double-click on the customer dialog box.
Create a new field, select images of the shoes from the Internet, and embed images into OLE type.
Create a new shoe identification field by clicking on “Click to Add,” and type notes using “memo” type.
Double-click on the record in the Attachment field, then double-click on the attachment in the dialog box.

Answers

Answer:

C.

Explanation:

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